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Old May-22-2009, 06:04
FEUA FEUA is offline
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Join Date: Apr 2009
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Default USD/JPY today's technical outlook

Hallo!
If we could be of any service for you we would like to represent you our new technical analysis.
The pre-planned short positions from key resistance range levels has been implemented with overlap of minimal anticipated target. OsMA trend indicator marks activity parity of both parties and gives grounds to suppose probability of rate range movement but with bearish direction of trading operations for today. On the assumption of it we can assume probability of rate return to close 94,40/60 resistance range levels where it is recommended to evaluate development of the activity of both parties in accordance with the charts of a shorter time interval. As for short-term sales on condition of formation of topping signals the targets will be 93,80/94,00, 93,20/40 and (or) further break-out variant up to 92,60/80, 92,00/20, 91,20/40. The alternative for buyers will be above 95,60 with the targets of 96,00/20, 96,60/50, 97,00/20.
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